600894.SS Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	6.57B EUR	6.49B EUR	8.17B EUR	7.88B EUR
Enterprise Value	3.27B EUR	2.78B EUR	4.41B EUR	3.91B EUR
Valuation Multiples
Trailing P/E	10.93x	15.36x	15.23x	15.32x
Forward P/E	8.08x	--	--	--
Price to Sales	0.91x	1.17x	1.44x	1.42x
Price to Book	0.76x	0.75x	0.92x	0.89x
EV/Revenue	0.45x	0.5x	0.78x	0.71x
EV/EBITDA	13.79x	4.74x	6.84x	6.35x
Price to FCF (P/FCF)	--	22.4x	129.18x	--
EV/FCF	--	9.59x	69.75x	--
FCF Yield	-7.8%	4.47%	0.77%	-0.26%